LSUS Consulting provides 3 months consulting service for 6,000 to Scheinert Inc. starting Jan 1, 2023. Please assume service are performed evenly throughout months. On Jan 31, 2023 LSUS prepared a financial statement, what would LSUS consulting record as the adjusting entry for this consulting work on Jan 31, 2023?

 

Answer rating: 100% (QA)

On January 31 2023 LSUS Consulting would need to record an adjusting entry to recognize the revenue ... View the full answer